REDBANK PLAINS 
2 MIN READThe Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
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West WoombyeWest Woombye - SUBURB PROFILE REPORT
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WEST WOOMBYE, 4559 ranks 583rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 36.02% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,072,500.
The upward trend in home prices in WEST WOOMBYE, 4559 averaged 21.92% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in WEST WOOMBYE.
An average of 1 real estate transactions take place per month in WEST WOOMBYE which translates to 12 per annum.
12 properties were sold in WEST WOOMBYE in 2016, making it the 990th most active market in QLD based on total real estate transactions.
WEST WOOMBYE, 4559 places 925th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,072,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.23% | N/A |
| Median 12 month | 36.02% | N/A |
| Median 3 years | 65.77% | N/A |
| Median 5 years | 58.65% | N/A |
| 10 years average annual | 8.33% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 44.7 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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